Financial Reporting (Levies) Regulations 2014

Reprint as at 1 July 2017

Coat of Arms of New Zealand

Financial Reporting (Levies) Regulations 2014

(LI 2014/53)

Jerry Mateparae, Governor-General

Order in Council

At Wellington this 24th day of February 2014

Present:
His Excellency the Governor-General in Council

Note

Changes authorised by subpart 2 of Part 2 of the Legislation Act 2012 have been made in this official reprint.

Note 4 at the end of this reprint provides a list of the amendments incorporated.

These regulations are administered by the Ministry of Business, Innovation, and Employment.

Pursuant to section 52 of the Financial Reporting Act 2013, His Excellency the Governor-General, acting on the advice and with the consent of the Executive Council and on the recommendation of the Minister of Commerce, makes the following regulations.

Regulations

1 Title

These regulations are the Financial Reporting (Levies) Regulations 2014.

2 Commencement

These regulations come into force on 1 April 2014.

3 Interpretation

In these regulations, unless the context otherwise requires,—

class means a class of specified persons described in column 2, and identified by a number given in column 1, of the levies table

leviable event, in respect of a person included in a class, means the event specified for the class in column 3 of the levies table

levies table means the table in the Schedule.

4 Financial years to which levies apply

The levies prescribed by these regulations apply to the part of the 2013–2014 financial year from the close of 31 March 2014 until the close of 30 June 2014 and subsequent financial years.

5 Persons included in prescribed classes of specified persons must pay levy

(1)

Every person who is included in a class at the time of the leviable event for the class must pay the levy specified for the class in column 5 of the levies table.

(2)

The levy must be paid—

(a)

at the time of the leviable event; and

(b)

to the collector specified for the class in column 4 of the levies table.

5A Levies inclusive of GST

The levies prescribed by these regulations are inclusive of goods and services tax.

Regulation 5A: inserted, on 1 July 2017, by regulation 4 of the Financial Reporting (Levies) Amendment Regulations 2017 (LI 2017/142).

6 Revocation

The Financial Reporting (Levies) Regulations 2012 (SR 2012/122) are revoked.

Schedule Levies

r 5

Column 1Column 2Column 3Column 4Column 5
ClassDescriptionLeviable eventCollectorAmount of levy ($)
1

Persons who make an application for registration or incorporation under—

(b)
Making the applicationThe person to whom the application is made6.90
2

Persons who are registered or incorporated, and required to make an annual return, under—

(b)
Making the annual returnThe person to whom the annual return is made6.90

Schedule: amended, on 1 July 2017, by regulation 5 of the Financial Reporting (Levies) Amendment Regulations 2017 (LI 2017/142).

 Michael Webster,
for Clerk of the Executive Council.

Issued under the authority of the Legislation Act 2012.

Date of notification in Gazette: 27 February 2014.

Reprints notes
1 General

This is a reprint of the Financial Reporting (Levies) Regulations 2014 that incorporates all the amendments to those regulations as at the date of the last amendment to them.

2 Legal status

Reprints are presumed to correctly state, as at the date of the reprint, the law enacted by the principal enactment and by any amendments to that enactment. Section 18 of the Legislation Act 2012 provides that this reprint, published in electronic form, has the status of an official version under section 17 of that Act. A printed version of the reprint produced directly from this official electronic version also has official status.

3 Editorial and format changes

Editorial and format changes to reprints are made using the powers under sections 24 to 26 of the Legislation Act 2012. See also http://www.pco.parliament.govt.nz/editorial-conventions/.

4 Amendments incorporated in this reprint

Financial Reporting (Levies) Amendment Regulations 2017 (LI 2017/142)